We came across a bullish thesis on Lemonade, Inc. on Archive Invest’s Substack by Felix. In this article, we will summarize the bulls’ thesis on LMND. Lemonade, Inc.'s share was trading at $53.43 as of September 24th. Pixabay/Public Domain Lemonade Inc. (LMND) has reached a historic milestone of $1 billion in-force premium (IFP) just 8.5 years after issuing its first policy, making it the fastest insurer in history to achieve this scale. The company’s Q2 2025 results highlighted 29% year-over-year IFP g ...